CenterPoint Properties Acquires 81,823 SF Facility in Oakland
Posted By Staff Writers On July 1, 2016 @ 10:33 am
OAK BROOK, IL – CenterPoint Properties is proud to announce the acquisition of an 81,823 square foot facility at 8707 San Leandro St. in Oakland, California. Michael Barry of CBRE represented the seller in the transaction.
“CenterPoint is focused on its national strategy of acquiring industrial facilities in close proximity to ports, rail and highway infrastructure,” said Ryan Dunlap, Senior Vice President, Investments at CenterPoint. “The property at 8707 San Leandro Street is an ideal location that aligns with our strategy and provides tenants desirable logistics advantages and functionality.”
The building is located just five miles from the Port of Oakland, BNSF and Union Pacific Intermodals. The location offers access to I-880 and I-80, servicing San Francisco and the East Bay.
Facility features include 24’ clear height, 18 dock doors, 2 drive-in doors and 29 car parking spaces.